Byron Bay, address available on request
- Property No. 503190454
- Show Page Visits
- For Sale
- $1,195,000
- Land Area
- 1.00 m² (approx)
- Floor Area
- 1 m²
- Tenure Type
- Vacant Possession
- Last Updated
- Apr 20, 2021
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Byron Bay Management Rights
A fantastic opportunity presents itself with the chance to purchase the Management Rights and Residence at Trip Adviser's No 1 ranked holiday accommodation in arguably the most sought after tourist destination in Australia.
• Byron Bay Business & Lifestyle in highly regarded 4 star rated complex.
• Resort style Apartments & complex located in the hugely popular Shirley Street precinct.
• Complex of 16 apartments in total
• 10 x 1 bedroom apartments under management rights
• 1 x 2 bedroom apartment being the managers residence
• Main road and rear lane access to ample undercover parking
• Sparkling salt water in-ground swimming pool
• Tropical gardens and covered outdoor BBQ area
• Exclusive use of the office, store rooms, laundry and linen storage.
• Scope to build the business and increase the annual occupancy from 74%
• Improvements can be made with strategies around direct bookings and online deals
• Byron Bay is a must do destination and has seen exceptional growth in recent times
• There is currently an agreement in place allowing the managers to live off site and enabling the managers apartment to be in the letting pool